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Pricing

2022
Flag → Flag
Exports $11MRnk 162 / 218
2022
Flag → Flag
Top Product $2.22MIndustrial Food Preperation Machinery
2022
Flag → Flag
Exports $467MRnk 10 / 139
2022
Flag → Flag
Top Product $453MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH248%CURRENT US$
Rnk 1 / 186

About

Spain-Guyana Trade: In 2022, Spain exported $11M to Guyana. The main products that Spain exported to Guyana were Industrial Food Preperation Machinery ($2.22M), Packaged Medicaments ($1.08M), and Iron Structures ($948k). Over the past 5 years the exports of Spain to Guyana have increased at an annualized rate of 23.7%, from $3.78M in 2017 to $11M in 2022.

In 2022, Spain did not export any services to Guyana.

Guyana-Spain Trade: In 2022, Guyana exported $467M to Spain. The main products that Guyana exported to Spain were Crude Petroleum ($453M), Aluminium Ore ($11.5M), and Rice ($2.06M). Over the past 5 years the exports of Guyana to Spain have increased at an annualized rate of 98.4%,  from $15.2M in 2017 to $467M in 2022.

In 2022, Guyana did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Spain exported €183k and imported €2.84M from Guyana, resulting in a negative trade balance of €2.66M. Between July 2023 and July 2024 the exports of Spain have decreased by €-34.2k (-15.7%) from €218k to €183k, while imports decreased by €-66.9M (-95.9%) from €69.8M to €2.84M.

Trade In July 2024, the top exports of Spain to Guyana were Sugar Preserved Foods (€72.3k), Fermented Milk Products (€48.4k), Small Iron Containers (€33.4k), Metal Stoppers (€13.6k), and Wine (€6.98k). In July 2024 the top imports of Spain from Guyana were Aluminium Ore (€2.39M), Hard Liquor (€5.5k), and Commodities not elsewhere specified (€0.94).

Origins In July 2024 the exports of Spain were mainly from Madrid (€66.1k), Asturias (€47.4k), Burgos (€25.8k), Granada (€22.5k), and Valencia (€10.3k), while imports destinations were mainly Valencia (€2.27M), Sevilla (€577k), Málaga (€196), Barcelona (€37.9), and Madrid (€6.6).

Growth In July 2024, the decrease in Spain's year-by-year exports to Guyana was explained primarily by an decrease in product exports in Metal Stoppers (€-7.69k or -36.1%), Low-voltage Protection Equipment (€-6.53k or -94.2%), and Commodities not elsewhere specified (€-119 or -47.8%). In July 2024, the decrease in Spain's year-by-year imports  from Guyana was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€-34.2k(-15.7%)
IMPORT GROWTH (July 2023 - July 2024)€-66.9M(-95.9%)
MAIN EXPORTER (July 2024)Madrid€66.1k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Guyana and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guyana and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $11M to Guyana. The main products exported from Spain to Guyana were Industrial Food Preperation Machinery ($2.22M), Packaged Medicaments ($1.08M), and Iron Structures ($948k). During the last 5 years the exports of Spain to Guyana have increased at an annualized rate of 23.7%, from $3.78M in 2017 to $11M in 2022.

In 2017, Guyana exported $467M to Spain. The main products exported from Guyana to Spain were Crude Petroleum ($453M), Aluminium Ore ($11.5M), and Rice ($2.06M). During the last 5 years the exports of Guyana to Spain have increased at an annualized rate of 98.4%, from $15.2M in 2022 to $467M in 2017.

Exports from Spain (Flag) to Guyana (Flag) (2022)

Exports from Guyana (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Guyana
Top DestinationPanama$5.84B

This map shows whether countries import more from Spain or Guyana. Each country is colored based on the difference in imports they receive from Spain and Guyana or the difference in the growth in imports.

In 2022, countries that imported more from Spain than Guyana included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Guyana than Spain included Panama ($5.84B), Aruba ($156M), and Trinidad and Tobago ($90.6M).

Difference in imports from Guyana (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Guyana

Flow
Scale

This chart compares trade between Spain and Guyana by product, considering products traded by both, Spain and Guyana.

During 2022, Spain had a large net trade with Guyana in the exports of Machines ($3.42M), Metals ($2.75M), and Chemical Products ($1.97M).

During 2017, Guyana had a large net trade with Spain in the exports of Mineral Products ($465M), Vegetable Products ($2.06M), and Transportation ($60.4k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Guyana. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Guyana. Similarly, a dot/product with the flag of Guyana indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Guyana (Flag) (2022)

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